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Types of contract 1.Contract of Affreightment (COA) 2.Time Charter Party 3.Voyage Charter Party 4.Bareboat or Demise Charter Party

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1.Contract of Affreightment (COA) Contract of Affreightment (COA) Bills of Lading Charter parties Straight Bill Sea- Waybill Multimodal / Combined Bill House Bill Liner Bill TYPE VOLCOA Bulk Dry Cargoes INTERCOA (Intertanko Adopted by BIMCO) Time Charter party Demise / Bareboat Charter party Voyage Charter party ESPECIALLY FOUND TO CARGOS LIKE THAT OF COAL. ESPECIALLY FOUND TO CARGOS LIKE THAT OF COAL. ESPECIALLY FOUND TO CARGOS LIKE OF STONES ESPECIALLY FOUND TO CARGOS LIKE OF STONES ESPECIALLY FOUND TO CARGOS LIKE OF METALLURGICAL MATERIALS ESPECIALLY FOUND TO CARGOS LIKE OF METALLURGICAL MATERIALS

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4. BareBoat Charter Party OWNER CHARTER OWNER CHARTER Hires the vessel to a charter for a price during a period of time Lease the vessel under another financial or Technical Responsibility Is not active in the operation of the vessel Paid crew, supplies, fuel, customs, duties Responsable for all maintenance & most suitable for tankers and bulk carriers Gets the hire of the vessel with or without purchasing option become himself in a maritime operator